This article is translated by AI company Flitto and Infostock Daily using neural machine translation technology.
|Doosan Bears. logo
[Infostock Daily= Reporter Lee Dong-hee] Doosan Group is working on a high-strength self-rescue plan worth 3 trillion won to help ease Doosan Heavy`s financial difficulties. However, the sale of Doosan Bears is unlikely to be included in the self-rescue plan.
According to industry sources on the 20th, creditors of Doosan Heavy Industries & Construction recently demanded the sale of Doosan Bears, a baseball team operated by Doosan Group.
Although major affiliates such as Doosan Solus and Doosan Pure Cells have been ordering the sale of Doosan Tower and golf courses, this is the first time that a relatively small baseball team has been mentioned.
However, Doosan Group made it clear that it cannot accept creditors' demand for the sale of baseball teams.
"It is true that (Dusan Heavy Industries) creditors brought up the sale of the baseball team, but the group is not considering it at all," a Doosan official told the Infostak Daily. "So it will not be included in the self-rescue plan."
Doosan Bears is a wholly owned subsidiary of Doosan, which recorded 58 billion won in sales and 3.26 billion won in operating profit last year.
Meanwhile, Doosan Bears is a prestigious club that has won six Korean Series titles in 1982, the first year of professional baseball.
According to Forbes Korea last year, Doosan Bears' value totaled 190.7 billion won, including 37 billion won in market value and 109.9 billion won in stadium value.
Reporter Lee Dong-hee firstname.lastname@example.org